1501 S Ocean Blvd Myrtle Beach, South Carolina, 29577-4482
1 bed • 1 bath • 2 guests • $118,000
Annual Revenue
$24,953
Profit (Cash Flow)
$1,214
Cap Rate
7.8%
Annual Revenue
AirDNA projects $122/night at 56% occupancy ($24,953)
Occupancy Rate
Avg Daily Rate
Return Metrics
3.86% cash on cash return is a fair return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
3.86%
Cap Rate
7.77%
Tax Calculator (USA)
Your current annual Income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your estimated deduction will be...
Deductible mortgage interest
$5,600
Deductible property tax
$1,168
Your total deduction
$15,757
Your adjusted annual income
$150,000 - $15,757 = $134,243
Taxes on $134,243 (30%)
$40,273
Your old tax bill
$45,000
Your new tax bill
$40,273
Estimated tax savings
$4,727
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